Billabong released year-end financials and it looks like a strong year for the Aussie Surf-wear manufacturer with sales in America and Europe leading the way…
Author: SGB Media
adidas Issues Bonds for Balls……
Published reports last week had adidas-Salomon making a $135 million cash bid for Top-Flite Golf Company, topping the $125 million offer made by the appointed stalking horse, Callaway Golf Company. The bids are part of the 363 asset sale required in Top-F
Ashworth Swings to Profit in Fiscal Q3…
Ashworth, Inc. is looking to the retail and department store channel to grow its business going forward as the core green grass business continues to suffer from the weak economy and this year’s weather woes…
Magic Show Appeals to Those Looking for a Life of Luxury…
The mood of the show was surprisingly upbeat. Word is that business in both footwear and apparel is better than the first two quarters, although certainly well below “robust” levels. Footwear seems to be outperforming apparel. “Improved” probably best
adidas’ McCool Takes One for the Team…
Tim McCool, director of apparel sales for adidas America, has agreed to plead guilty to a conspiracy charge involving Just for Feet. The U.S. Attorney's Office in Birmingham, AL confirmed that McCool had been charged with conspiracy to submit false s
Vaccaro Tires of the No Cash Routine…
SPORTS EXECUTIVE WEEKLY has confirmed that Sonny Vaccaro, adidas’ director of basketball, has resigned from the company. The move furthers impacts the floundering adidas basketball program that has lost quite a bit of share to resurgent Reebok and
Bowers Takes On More Duties at Oakley
Oakley today announced that Scott Bowers, Vice President of Sports Marketing, will take over additional marketing responsibilities for the Oakley brand. In his new role Mr. Bowers will be responsible for overseeing all aspects of Oakley's marketing p
Saucony Taps Carleo as New Marketing Head
Saucony announced the appointment of Tom Carleo
to the position of Vice President of Marketing for Saucony. In his new position, Carleo will
oversee product marketing direction for all categories of footwear, as well as establishing strategic brand direct
Clif Bar Continues its Strong Environmental Track Record
In another significant effort to reduce its ecological footprint on the planet, Clif Bar Inc. announced today that all of the cartons (caddies) that hold its energy and nutrition bars on store shelves will be made with 100 percent recycled paperboard, of
The North Face Taps Fluid as Interactive Agency
Fluid Inc., a San Francisco-based interactive design and development firm, announced that it has been selected as the interactive agency of record for The North Face, a subsidiary of VF Corporation. Fluid assumed operational responsibility for www.TheNort
Brooks Hires New Communications Manager and Promotes Four Top Sales Employees
Brooks Sports announced a sales team power play designed to lengthen a stellar sales run and reinforce the brand's strategic category drive. Four internal employees, who have recently raised sales figures to new heights, were promoted in unison. Broo
SmartWool Pulls Base Layers For the Season
SmartWool announced that its Aero-Lite and Thermo-Wt. base layers will not ship to retailers for Winter 03/04. This includes base layer tops and bottoms for men and women and the beanie, balaclava, neck gaiter and headliner.
Preliminary quality and perf
Athlete’s Foot Completes Securitization
The Athlete’s Foot has successfully completed an investment grade asset-backed securitization transaction with UCC Capital Corporation (UCC), an industry leader in corporate whole company securitization backed by intellectual property. The long-term fixed
Royal Robbins Teams up with American Hiking Society
As part of its long-standing commitment to protect the environment, Royal Robbins will join with the American Hiking Society (AHS) to launch a national hangtag promotion for Spring 2004, beginning this January. One million garments will feature distinctiv
Billabong Reports Fiscal Year ’03 Results
Billabong International reported net profit for fiscal 2003 jumped 24.9% to A$76.2 million ($49.6 million) for the 2002-03 financial year. Revenue was up 24% to A$623 ($405.3) million, with approximately 75% of sales coming from outside Australia. U.S s